Boiler Room: The Official Stock Market Discussion

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chineebai

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markets looking quite shytty. SPY is under a massive support line of 467.50 right now
VIX broke out a falling wedge over 21

Lots of names selling but there's always more short selling risk. Just be patient and wait for direction.
 
FreshFromATL

FreshFromATL

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Second day in a row Lucid been pushing in a sea of red. Gonna keep my eye on Bloomberg, something gotta be coming down the pipeline.
 
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chineebai

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banks are holding up nicely, GS red to green with relative strength, could see 400 as a big psychological level
 
FreshFromATL

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Good action on Tilray and Canopy Growth today (CGC following Tilray), I expect the entire sector to slowly start reversing as more earnings come out.
 
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chineebai

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chineebai said:
lcid has some bottoming action, needs above 43.50 to confirm, target of 55
KR with a nice breakout of a cup and handle above 47
BAC looking good above 48.50
higher rates favor banks
Click to expand...
LCID trying to get to 43.50
KR looking good today, nice green in an overall very red market
BAC a bit red but tested 48.50 support level and so far holding up
 
Starski

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Reasons why I made money in the market:
1. I’m a genius


Reasons why I lost money in the market:
1. Bullshyt
2. Hedge funds
 
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